PNB, Central Bank, South Indian Bank, Hindustan Zinc, and MOIL report FY2025 business performance

As the financial year 2024-25 drew to a close, several companies have started reporting their business performance of the final quarter as well as the entire fiscal year.

On Wednesday, Punjab National Bank (PNB), the Central Bank of India, South Indian Bank, Hindustan Zinc Limited, and MOIL, in their stock exchange filings, reported growth across key business metrics in FY25.

PNB reports robust growth

Punjab National Bank (PNB) has reported a 14% year-on-year (Y-o-Y) growth in its global business, reaching ₹26.83 lakh crore as of March 31, 2025. Domestic business saw a 13.2% Y-o-Y growth to ₹25.77 lakh crore.

The bank’s global deposits stood at ₹15.65 lakh crore, a 14.3% Y-o-Y increase, while global advances grew 13.6% Y-o-Y to ₹11.17 lakh crore.

The credit-deposit ratio for the global operations was recorded at 71.37%.

Central Bank crosses ₹7 lakh crore milestone

The Central Bank of India surpassed ₹7 lakh crore in total business, marking a 10.75% Y-o-Y growth. Total deposits increased by 7.18% to ₹ 4.12 lakh crore, while gross advances surged 16.2% to ₹ 2.92 lakh crore.

The credit-deposit ratio also improved to 71.13%, up by 554 basis points.

""Bank is grateful to its customers, partners, employees and other stakeholders for their relentless collaboration and support in achieving this milestone, thereby enhancing the value for all our stakeholders," it said in regulatory filing.

South Indian Bank sees steady growth

South Indian Bank recorded a 9.97% Y-o-Y growth in gross advances, which stood at ₹88,447 crore as of March 31, 2025. Retail deposits grew by 7.44% to ₹1.05 lakh crore, while total deposits rose by 5.5% to ₹1.07 lakh crore.

The bank's CASA (Current Account Savings Account) deposits grew by 3.17% to ₹ 33,730 crore, with the CASA ratio at 31.37%.

Hindustan Zinc reports record production levels

Hindustan Zinc Limited (HZL), a Vedanta Group company, reported its highest-ever mined metal production of 1,095 kilotonnes (kt) in FY25, driven by improved grades and mill recovery. Refined metal production stood at 1,052 kt, with refined zinc output rising 1% to 827 kt and lead production increasing 4% to 225 kt.

Silver production, however, declined by 8% to 687 metric tonnes due to changes in mining sequences.

The company also recorded its highest-ever quarterly mined metal production of 310 kt in Q4FY25, up 17% quarter-on-quarter (Q-o-Q). Wind power generation in the quarter also increased by 33% Q-o-Q to 63 million units.

MOIL achieves best-ever financial performance

MOIL, the state-owned manganese ore producer, reported its best-ever financial performance in FY25, surpassing all previous records. Manganese ore production reached 18.02 lakh tonnes, marking a 2.7% Y-o-Y increase, while sales grew by 3.3% to 15.87 lakh tonnes.

The company's ferro manganese production stood at 12,000 metric tonnes, recording a 18% Y-o-Y growth.